I.e. claiming transaction was a lease with option to buy.It should be noted that I filed a Chapter 13 Bankruptcy trying to keep the buyer in the house but the buyer refused to pay the Bankruptcy Court.

With theirs they take all issues and instead of figuring them out and clearing them they just put them under the exceptions and you are stuck with the issue e.g. title is not ensured against the bankruptcy that was filed by the owner or for the construction lien filed against the property. 

Bankruptcy purchase What made you interested in investing in this type of deal?

Many a divorce, bankruptcy, and heart attack have been attributed to the stress that people feel around money that could have easily been avoided.Your twenties are a mixed bag full of fun experiences and new opportunities for growth.

Knowing what you know now...Let me start...I will teach myself to STOP the "No money down" guru crap I was about to embark on (so I can avoid bankruptcy)I will teach myself to have FINANCIAL DISCIPLINE - not show off but live a modest, simple, and FRUGAL lifeI will teach myself to FOCUS ON THE BIG DEALS and I will teach myself HOW to do BIG DEALS, instead of wasting time on the smaller dealsI will teach myself how to RAISE CAPITAL, combined with personal discipline so that I can have a HUGE CASH RESERVE so I can buy as many properties in the years 2008-2011 as possible- I bought a lot of properties in 2008-2011: I actually thrived during the recession but I wished I bought more :)What about the experienced real estate investors out there?

Paid $4000.00 to file for bankruptcy (He had a business and got ill, went down hill since.4.

I'd do a short sale, I'd do a bankruptcy and take a borrower who had other serious credit issues, but walking away when there are other options just smacks me with gross irresponsibility, why would I contract with someone who has demonstrated that they don't care about contractual obligations?

Let the seeler know it's this attorney guy screwing up his deal, that if it is in default it could go to foreclosure, an attorney will take him to bankruptcy, prolong the agony and in the end, credit will be worse, the house will be gone and the attorney will be richer!

I listened to the Bob Diamond webinar on bankruptcies and I'm curious as to how the system works.

Second, bankruptcy can't remove tax owed.Third, assessed value means zero.